LTC or TRX? to have most potential from here (15/05/2021)

[LUCKMCFLY]

On this occasion, LTC can go down but not much, it all depends on the movement of BTC, if there is an upward movement by BTC, it can be speculated that LTC will shine for a very good moment, it can even become one of the most winning currencies, this analysis confirms it:

Focus should be on the region between $134-116 as the presence of a demand zone would open up long opportunities for traders. RSI seemed to bounce back from oversold region at the time of writing but could revisit the bottom region considering selling pressure in the market.

Source: https://ambcrypto.com/xrp-litecoin-cardano-price-analysis-08-june/

It all depends on the movements of this week, it will be decisive.

[yhiaali3]

It seems to me that the performance of both LTC and Trx is very weak in the last period, it was expected that the performance would be much better than that, but there was a strong resistance.
As for me, I gave up the two coins and bought other coins that I expect better growth, such as ETC, ADA, BNB, of course, if the market turns green again.

[Ararbermas]

Fro me they're both good coin in the market and technology as well. But when it comes who's gonna be a profitable one, perhaps its should be LTC because that coin now is near to become top 10 soon in the market unlike trx wherein still at the current level..  But its just my opinion for now based on their ranks and there's still a chance for TRON to take over since it's very cheap like what most investor looking for in a crypto currency especially once it makes good improvements someday surely it will glow up in the market..

[monineklutak]

It seems to me that the performance of both LTC and Trx is very weak in the last period, it was expected that the performance would be much better than that, but there was a strong resistance.
As for me, I gave up the two coins and bought other coins that I expect better growth, such as ETC, ADA, BNB, of course, if the market turns green again.

I quite agree with you regarding the performance of LTC and TRX,
because we can realize for ourselves that the performance of the two is not visible at the beginning,
I also really hope that in the future both of them will improve their performance because after all LTC and TRX are good projects

[ingiltere]

Do LTC even developed anymore? TRX has Justin Sun's backing, constantly developed and have a good hype overall. Big userbase, too many holders, it's very different than LTC. I would say TRX if you ask which one would you hold for 3-5 years. For short term I wouldn't touch both of them but on the long term I trust TRX's process. It may be used by en masse in a couple of years just like what happened to BSC this year.

[shinratensei_]

Do LTC even developed anymore?

There is a lot of rumour about the continued of litecoin development but im not even seeing any news about that. The development was coming from the cooperation of Litecoin with another major crypto project.
This coin has no active income and the creator of this coin aka charlie lie doesn't wanna pouring his money to the development anymore.
Litecoin will be stuck forever or it may be left by its supporters in the future.

[LUCKMCFLY]

Apparently things are going well for LTC, it is in an eventual bullish trend in the short term, perhaps it is due to the momentary recovery of BTC, however the Technical Analysis shows that it already has a green candle in favor, this is a good indication :

The coin had dipped to $119, which was its lowest since May 23. Moving forward, if the bulls manage to push the price up, the coin can be expected to find resistance at $132.

After projecting bearish momentum for almost a week, as shown by the MACD indicator, bullish momentum seemed to emerge at press time. The Awesome Oscillator too suggested something similar.

Source: https://ambcrypto.com/binance-coin-matic-litecoin-price-analysis-23-june/

TRX has shown recovery in the same way, however, one must be restrained and not rush to make commercial decisions, it must be taken into account that BTC can fall and all these analyzes can be invalidated.

[LUCKMCFLY]

In the analyzes by TRX, I highlight this one that seems very successful to me, TRX in the midst of all the fall has remained at acceptable price levels, the good news continues for TRX, because after BTC continues to rise, TRX is expected to rise to 0.069USD, which is a great mark, however the TRX bulls have been waiting for how the movement continues to develop of BTC, the purchase prices continue to increase:

A reversal from intense selling pressure could be noticed as the Relative Strength Index’s indicator exited the oversold region and held its position just below the overbought zone. While a minor downtick can be noticed, buying pressure continued to be greater than the selling pressure.

Even if the bullish price action holds out, the coin could face resistance at the $0.069-mark.

Source: https://ambcrypto.com/binance-coin-tron-uni-price-analysis-25-june/

Eventually TRX is one of the currencies that I use the most to exchange FIAT and pay my taxes and others, its fees are acceptable and it has a very good demand.

[Erdogan]

Honestly, I don't look too closely at TRX, but I do spend a lot of time on Litecoin. In my opinion he was very underrated during that bull run. I am sure Litecoin has great potential and I am surprised no one noticed that it was LTC with the lowest transfer fees with its presence on most exchanges and a large number of pairs. I have been using LTC for several months now for 90% of transfers.

[Botnake]

My choice is TRON, I've been waiting for it to cross a new ATH but it did not happen this year. In terms of development, TRON is more progressive IMO, therefore I believe its future is brighter than LTC. We don't see the future but it's important that we understand how to follow the team's progress and if their plans are being worked on or implemented because that tells us about the chance of success of a certain project and TRON wins that battle.

[Twinkledoe]

My choice is TRON, I've been waiting for it to cross a new ATH but it did not happen this year. In terms of development, TRON is more progressive IMO, therefore I believe its future is brighter than LTC. We don't see the future but it's important that we understand how to follow the team's progress and if their plans are being worked on or implemented because that tells us about the chance of success of a certain project and TRON wins that battle.

I am also for Tron. What I like about this network is that they are very fast and with very cheap fess. And if you happen to transact USDT-TRX, you will find out that they have very cheap fees as compared to BSC or ERC20 network. This is the advantage of TRX tokens, you can transfer them at a very convenient and cheap manner. However, in terms of LTC, though they have cheap fees, we don't know if they have active development. And what other coins are built under their network? At least with TRX, you can even transact USDT and other tokens.

[7788bitcoin]

I am also for Tron. What I like about this network is that they are very fast and with very cheap fess. And if you happen to transact USDT-TRX, you will find out that they have very cheap fees as compared to BSC or ERC20 network. This is the advantage of TRX tokens, you can transfer them at a very convenient and cheap manner. However, in terms of LTC, though they have cheap fees, we don't know if they have active development. And what other coins are built under their network? At least with TRX, you can even transact USDT and other tokens.

Any coin that uses the TRX network will be having really low transaction fees when you compare with other networks and i believe that it is because there is not much users in it and once the number of projects and users increase in the network we need to see how long it will stall things but right now they are doing a really good job.

There are developments going on in LTC but the only problem they are facing is the Charlie Lee announcement that he sold almost all of his coins in the last rally and because of these claims by the developer himself many thinks that there is nothing much going on in the technical side of things.

[alevlaslo]

Tron the best coin

[LUCKMCFLY]

For LTC this time, all technical analysis indicates that it is in a short-term bearish trend, however, we must wait, because if BTC changes its course to a bullish level, LTC will take an imminent bullish turn if this occurs:

On the contrary, if the price rebounds off $118 once again, the bulls will again try to push the price to the downtrend line. A breakout and close above this resistance will suggest that the sellers are losing their grip. The pair could then rally to the 50-day SMA ($206).

Source: https://cointelegraph.com/news/price-analysis-6-25-btc-eth-bnb-ada-doge-xrp-dot-uni-bch-ltc

I like to focus on the positive side of investing in LTC, because I have seen that many focus on the bearish side, and that is what the mass expects, normally the market moves against what the masses think, what is missing is to wait.

[LUCKMCFLY]

In LTC things are improving, I do not know if it is because the BTC is recovering or because the currency is really having a very good turn because it is more accepted in some casino and bookmaker platforms, but in general terms if BTC continues so we can see better results:

if the bulls can push the price above the downtrend line, the bearish setup will be invalidated. That could start an up-move to the 50-day SMA ($192) and later to $166.45.

Source: https://cointelegraph.com/news/price-analysis-6-28-btc-eth-bnb-ada-doge-xrp-dot-uni-bch-ltc

With the good movement of BTC, the volume of LTC has become much more buyer than seller, we have to keep waiting as it continues to develop, this short-term forecast looks excellent.

[LUCKMCFLY]

Updated.

At this time I would like to give another update for LTC, I particularly like to use LTC especially for transactions because they have very low fees, however this cointelegraph analysis indicates that the lowest level that could reach would be $70:

Contrary to this assumption, if the price turns up from the current level or rebounds off $118 and breaks above the downtrend line, it will invalidate the bearish setup. That could open the gates for a rally to $225.

Source: https://cointelegraph.com/news/price-analysis-6-30-btc-eth-bnb-ada-doge-xrp-dot-uni-bch-ltc

I have a lot of faith in LTC, I think that if BTC starts to make better movements it will be profitable for the currency, as long as BTC recovers it will be profitable for all alts.

[BigBos]

So far, I use TRX more than LTC, so I tend to prefer TRX over LTC. although I use it as a transaction tool between CEX, but I think TRX has a fast transaction, and very cheap. Well, I think why a token as good as this has not been pumped high yet, and I think there will be time for that.

[LUCKMCFLY]

Update.

At this time LTC is giving some uncertainty, some think that LTC will continue to fall, according to the analysis everything indicates that it depends highly on the movements of BTC, however the bulls I think are waiting to defend the price level:

Demystifying the aforementioned panic claims, however, CredibleCrypto reaffirmed his bullish position on the silver coin. According to him, the alt is well on track to achieve the contrary of what the community is expecting. Now, as indicated by the attached chart, LTC witnessed a similar downfall even in 2017. Notably, the crypto soon resumed its bull run right after that. The analyst added,

“I do think we will see something similar to what we saw in 2017 on the left… Still think new ATH is on the cards.”

Source: https://ambcrypto.com/xrp-litecoin-when-to-expect-these-alts-to-take-off/

I think that at the moment the price of BTC can be recovered in the short term, and what is expected is that it can again reach at least $ 42k if everything goes well for BTC, if so, LTC will give many benefits to its fans and investors.

[LUCKMCFLY]

LTC has been in great uncertainty, for now a slight short-term bearish trend is maintained, this is something temporary, since the action of BTC has been influencing the price, like all cryptocurrencies, the bulls of LTC are waiting for the best time to be able to raise the price safely:

Litecoin (LTC) has made another false breakout of the resistance at $143 which means that bulls are not ready yet to keep the rise. However, the selling trading volume is going down, confirming the weakness of bears.

Source: https://u.today/btc-xrp-ltc-link-and-xlm-price-analysis-for-july-5

It is better to wait and see how the market continues to develop, although there is uncertainty in general, LTC has managed to resist all the battles that have occurred.

[Wong Gendheng]

Hi, so about LTC.
It's been an underperformer this bull run. It's BTC pairing has not performed as well as other top Alts. It's dropped out of the top 10 to #12

TRX - also an underperformer. It's BTC pairing hasn't even hit it's 2020 high, let alone 2019.
Meanwhile ADA/BTC and ETH/BTC are up at their 2018 levels.

Both TRX+LTC had a golden cross on the daily (50 crossing 200) within the last few weeks.
TRX has daily resistance according to my TA at *255sats, but it has been trying to break this resistance for 40 days and hasn't rejected very hard yet which seems bullish.

----
Personally LTC seems a bit redundant... it doesn't have much love it seems to me.
Which would you invest in out of the two at current prices?
Thanks

I would choose TRX over LTC, the price is still cheap and of course support from third parties will make TRX even bigger, and currently there are many projects based TRX and many predictions that the price of TRX will reach at least $ 10 early next year.